Covenant Logistics (CVLG) Capital Expenditures (2010 - 2026)
Covenant Logistics' Capital Expenditures came in at $33.8 million for Q2 2026, down 7.2% from $36.44 million a year earlier but up 197.3% from the prior quarter.
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Analysis
Covenant Logistics (CVLG) Capital Expenditures (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Covenant Logistics reported Capital Expenditures of $122.88 million, down 0.8% year-over-year; for FY2025, it came in at $147.57 million, down 3.5% from FY2024.
- Capital Expenditures carries a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $152.96 million in FY2024 (-29.7%), $217.61 million in FY2023 (+116.6%), $100.47 million in FY2022 (+184.7%) and $35.29 million in FY2021 (-62.5%).
- The five-year range for quarterly Capital Expenditures is $7.83 million (Q3 2021) to $105.56 million (Q4 2023).
- Year-over-year, Capital Expenditures increased in two of the last eight quarters, with an average decline of 20.8%.
- The fastest year-over-year change in Capital Expenditures over five years came in Q3 2022 (growth of 332.3%), and the weakest in Q4 2024 (a decline of 79.7%).
- Business Quant data shows CVLG's Capital Expenditures at $11.37 million (Q1 2026), $28.53 million (Q4 2025) and $49.18 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 168.37 Bn | 162.90 Bn | - | 873.00 Mn |
| 2 | Csx | 88.95 Bn | 85.16 Bn | - | 576.00 Mn |
| 3 | United Parcel Service | 80.82 Bn | 57.72 Bn | - | 693.00 Mn |
| 4 | Canadian Pacific Kansas City | 76.17 Bn | 75.19 Bn | - | 547.98 Mn |
| 5 | Norfolk Southern | 72.31 Bn | 66.96 Bn | - | 439.00 Mn |
| 6 | Fedex | 68.95 Bn | 34.89 Bn | - | 1.47 Bn |
| 7 | Delta Air Lines | 52.20 Bn | 34.39 Bn | - | 1.20 Bn |
| 8 | Old Dominion Freight Line | 38.12 Bn | 37.38 Bn | - | 77.04 Mn |
| 9 | United Airlines Holdings | 33.55 Bn | -22.82 Bn | - | 1.34 Bn |
| 10 | Covenant Logistics | 790.99 Mn | 769.50 Mn | - | 33.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.80 Mn |
| Mar 31, 2026 | 11.37 Mn |
| Dec 31, 2025 | 28.53 Mn |
| Sep 30, 2025 | 49.18 Mn |
| Jun 30, 2025 | 36.44 Mn |
| Mar 31, 2025 | 33.43 Mn |
| Dec 31, 2024 | 21.47 Mn |
| Sep 30, 2024 | 32.60 Mn |
| Jun 30, 2024 | 50.53 Mn |
| Mar 31, 2024 | 48.36 Mn |
| Dec 31, 2023 | 105.56 Mn |
| Sep 30, 2023 | 52.98 Mn |
| Jun 30, 2023 | 42.85 Mn |
| Mar 31, 2023 | 16.22 Mn |
| Dec 31, 2022 | 39.06 Mn |
| Sep 30, 2022 | 33.85 Mn |
| Jun 30, 2022 | 18.87 Mn |
| Mar 31, 2022 | 8.69 Mn |
| Dec 31, 2021 | 13.48 Mn |
| Sep 30, 2021 | 7.83 Mn |
API Access
Covenant Logistics Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CVLG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "CVLG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CVLG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();